34, PARK LEA, SUNDERLAND, SR3 3TA - £151,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

34 PARK LEA is a very small extended detached house of 62m², built sometime between 1967 and 1975. It was last sold for £151,000 in September 2018, which was around 29% below the average September 2018 detached price in the Sunderland local authority area. The most recent EPC inspection was January 2017, where the current energy rating was E, and the potential energy rating was B.

34 PARK LEA Sold Prices

Land registry data shows two sales for 34 PARK LEA since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Sunderland local authority area for the corresponding sale date. Both of the two 34 PARK LEA sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 18 SEP	£151,000	£213,254	29% below HPI
2001 27 APR	£80,000	£92,788	14% below HPI

34 PARK LEA Price Paid vs. HPI Average

The below graph shows the average detached house price in the Sunderland local authority area over time, sourced from the HPI. The two 34 PARK LEA sales from April 2001 and September 2018 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the April 2001 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the September 2018 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 34 PARK LEA?

34 PARK LEA is 62m², which includes one extension, according to the EPC inspection conducted in January 2017. This puts it in the smallest 10% of detached houses in Sunderland, based on EPC data. The below chart shows the distribution of detached houses by size in Sunderland, and where 34 PARK LEA lies on this distribution: 2% of detached houses are smaller than 34 PARK LEA, and 98% of houses are larger. Note that EPC data is not available for all properties in Sunderland.

34 PARK LEA: Plot and Title Map

34 PARK LEA sits on a plot of roughly 0.141 of an acre, or 571m². The below map shows the location of 34 PARK LEA, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 34 PARK LEA). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 34 PARK LEA?

34 PARK LEA is located in SUNDERLAND, in the SR3 postcode district. The below map shows the position of No. 34 on PARK LEA.